Pre-Open Equity Ramp As Algos Track War-Ridden Oil Higher

Each day we wake and look to the markets for guidance. Typically that guidance means - which easily-leveragable asset class can be pulled (or pushed) to move the US equity markets (in their algo-correlated manner) in which ever direction we need (up as much as possible obviously since the status quo requires it). Sometimes, it's EURUSD, other times it's PMs; today, it is oil's turn! There has been no real escalation in tensions in Israel in the last hour, no news of significance; and yet WTI has popped 1.5% and in an almost perfectly correlated manner, S&P futures have chugged along to the highs of the day to run those stops before the US day-session open. Efficient Markets... Pin Risk... OPEX...

Rigged is not the perfect word. Perhaps....ummmmm....false is a better word. They are NOT markets: they are simply entensions of the false-free market, false democratic...what is said on the surface has nothing to do with what is really going on. Markets controlled by HFT algos and front-running plutocrats....it's really just a ginormous lie.

i'm not sure there's enough room inside him for 'a few gallons' , since he's pretty much full of another semi-solid brownish material called shit . maybe you could squeeze in a couple quarts though....

"Wall Street exists to make John D Rockefeller and friends happy." Only Zero Hedge would find that surprising. Obviously going over the fiscal "responsibility" will not cause a recession...but oil being correctly price at 400...0 a barrel will. "this is how those of you voted" folks. for "the method by which trillion dollar deficits get paid." obviously I'm not a big fan of this approach.

I thought about what you wrote yesterday. There are 3 main hindrances to get to the 'game over':

1) America has 300 million people. This is too, too, too many people to control.

2) The judicial system is extremely complicated. Lawsuits could drag that for years and years.

3) The most important one and this is unique to USA: THERE ARE HUNDREDS OF MILLIONS OF GUNS IN USA.

In order to impose something drastic like that, the masses must be oppressed. That is NOT possible, when the population is armed. This is quite unique for USA. No other country has an armed population.

My conclusion: If it goes to that point, a 2nd US revolution could be inevitable. I can't see that happening.

I think you are missing the orwellian component to this whole thing. The S&P crash will affect most of those 300 mil people in one shot. As far as the masses owning guns....a lot of the people around me own guns. When Sandy hit a few weeks ago those people lost power. Their guns did nothing. If anything they aimed them at each other. Mostly all they did was stamp their feet and demand their government do something. The same will happen when they lose all their money. They won't turn on the right targets. They will beg those targets for help. The government will be happy to step up. After we all have our gov sponsored private annuities if the gov does not like what you are saying on ZH the checks stop coming. It's a lot easier than you think.

It's not that people are ready to live in misery. It's that they refuse to give up whatever benefits they believe they are entitled too. They think that there is infinite money to provide all these benefits. The math on this is unfortunate and people will learn that the hard way.

I am not trying to scare anyone. But if people don't wake up to all this I don't see a way around it.

Lawsofphysics just said this on another thread. A lot more eloquently than I did.

"Look people, the laws of Nature and physics make no promises reagarding anyone's survival, they never have. Don't get mad, it is what it is. Invest in your own employees and neighbors, you will need each other shortly.

If these moves were real gold would have confirmed. The Fed and their family and friends buy or sell gold for their own accounts based on their shared insider information. Gold is lower and so you can expect that by this afternoon all these /ES dip buyers will get their greedy little fingers cleaved off at the nubs... unless gold ramps out of no where.